Fluence Energy, Inc. (FLNC)
| Market Cap | 2.85B |
| Revenue (ttm) | 2.20B |
| Net Income (ttm) | -46.03M |
| Shares Out | 179.40M |
| EPS (ttm) | -0.38 |
| PE Ratio | n/a |
| Forward PE | 40.02 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 6,201,739 |
| Open | 16.52 |
| Previous Close | 16.43 |
| Day's Range | 15.16 - 16.81 |
| 52-Week Range | 13.03 - 31.32 |
| Beta | 2.63 |
| Analysts | Buy |
| Price Target | 28.21 (+77.65%) |
| Earnings Date | Aug 7, 2024 |
About FLNC
Fluence Energy, Inc., through its subsidiaries, offers energy storage products and solution, services, and artificial intelligence enabled software-as-a-service products for renewables and storage applications in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company sells energy storage products with integrated hardware, software, and digital intelligence. Its energy storage products include Gridstack Pro, a large-scale front-of-the-meter application; Gridstack, a front-of-the-meter application; Sunstack, a DC-coupled... [Read more]
Financial Performance
In 2023, Fluence Energy's revenue was $2.22 billion, an increase of 85.05% compared to the previous year's $1.20 billion. Losses were -$69.62 million, -33.37% less than in 2022.
Financial StatementsAnalyst Forecast
According to 15 analysts, the average rating for FLNC stock is "Buy." The 12-month stock price forecast is $28.21, which is an increase of 77.65% from the latest price.
News
MW Storage and Fluence deepen partnership to deliver their third energy storage project in Finland
AMSTERDAM, June 27, 2024 (GLOBE NEWSWIRE) -- MW Storage AG (MW Storage), a Swiss investment fund experienced in financing, developing, and operating energy storage systems, has selected Fluence Energy...
FLNC NEWS: Johnson Fistel has Commenced an Investigation on Behalf of Fluence Energy Shareholders
SAN DIEGO, CA / ACCESSWIRE / June 26, 2024 / Shareholder rights law firm Johnson Fistel, LLP is investigating whether Fluence Energy, Inc. (NASDAQ:FLNC) (the "Company") or any of its executive officer...
Fluence and Dispatch Will Deploy the Largest Stand-Alone Battery Storage Project in the Netherlands
Fluence and Dispatch partner to deploy largest battery-based energy storage system in the Netherlands. The stand-alone battery is expected to increase resilience of the Dutch energy system and enable ...
Pioneers for energy security: Fluence and TransnetBW start construction of Germany's first Grid Booster
ERLANGEN, Germany, June 10, 2024 (GLOBE NEWSWIRE) -- Fluence Energy GmbH (“Fluence”), a subsidiary of Fluence Energy, Inc. (NASDAQ: FLNC), a leading global provider of energy storage products and serv...
Why solar is an undervalued beneficiary of AI
Jon Windham, UBS analyst, joins CNBC's 'The Exchange' to discuss how solar will benefit from AI development, stocks to watch, and more.
Fluence Energy, Inc. Reports Strong Financial Performance Highlighted By Cash Generation; Reaffirms Fiscal Year 2024 Guidance Ranges
ARLINGTON, Va., May 08, 2024 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (Nasdaq: FLNC) (“Fluence” or the “Company”), a leading global provider of energy storage products and services as well as digital ...
Cognex Names Dennis Fehr as Chief Financial Officer
NATICK, Mass. , May 2, 2024 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX), a leading provider of machine vision for factory and warehouse automation, today announced the appointment of Dennis Fehr...
4 top green energy stocks to consider for long-term investment in May
About $150 trillion is expected to go into decarbonizing the global economy over the next thirty years. Here are the top four green energy stocks that may benefit as the world executes on its commitme...
Fluence Energy, Inc. Announces Second Quarter 2024 Earnings Release Date, Conference Call and Webcast
ARLINGTON, Va., April 22, 2024 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (Nasdaq: FLNC) (“Fluence” or the “Company”), announced today that it will report earnings for the second quarter ended March 31,...
Fluence Releases Annual Sustainability Report
Report outlines increased sustainability disclosures, including Fluence's first Task Force on Climate-Related Financial Disclosures (TCFD) report Report outlines increased sustainability disclosures, ...
Fluence and ENGIE's latest storage project will expand critical energy hub in the Netherlands
AMSTERDAM, April 11, 2024 (GLOBE NEWSWIRE) -- Fluence Energy B.V. (“Fluence”), a subsidiary of Fluence Energy, Inc. (NASDAQ: FLNC), has been selected by ENGIE to deliver a 35 MW / 100 MWh battery-base...
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Fluence Energy, Inc. - FLNC
NEW YORK , March 19, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Fluence Energy, Inc. ("Fluence" or the "Company") (NASDAQ: FLNC). Such investors are advised t...
Fluence Expands Presence in Asia-Pacific Region, Opens Local Office in Taiwan
TAIPEI, Taiwan, March 15, 2024 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a leading global provider of energy storage products, services, and optimization software for renewa...
SSE Renewables partners with Fluence and OCU Energy to deliver their latest 150 MW / 300 MWh project
LONDON, March 08, 2024 (GLOBE NEWSWIRE) -- SSE Renewables has announced the principal contractor and system supplier for its battery-based energy storage project at Fiddler's Ferry, Warrington. Fluenc...
ROSEN, TOP RANKED GLOBAL COUNSEL, Encourages Fluence Energy, Inc. Investors to Inquire About Securities Class Action Investigation - FLNC
NEW YORK , March 2, 2024 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Fluence Energy, Inc. ...
ROSEN, LEADING TRIAL ATTORNEYS, Encourages Fluence Energy, Inc. Investors to Inquire About Securities Class Action Investigation - FLNC
NEW YORK, Feb. 24, 2024 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Fluence Energy, I...
Kirby McInerney LLP Announces Investigation of Shareholder Claims Against Fluence Energy, Inc. (FLNC)
NEW YORK--(BUSINESS WIRE)---- $FLNC #Investigation--The law firm of Kirby McInerney LLP is investigating potential claims against Fluence Energy, Inc. (“Fluence” or the “Company”) (NASDAQ:FLNC). The i...
FLNC LOSS ALERT: ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Fluence Energy, Inc. Investors to Inquire About Securities Class Action Investigation – FLNC
NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Fluence Energy, Inc. (NASDAQ: ...
Lost Money in Fluence Energy, Inc.? Gibbs Law Group Investigates Potential Securities Law Violations
OAKLAND, Calif.--(BUSINESS WIRE)---- $FLNC #FLNC--Gibbs Law Group is investing potential claims on behalf of FLNC investors.
Fluence Responds to Misleading Short Seller Report
ARLINGTON, Va., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (“Fluence” or “the Company”) (NASDAQ: FLNC), a leading global provider of energy storage products, services, and optimization sof...
Fluence Energy ($FLNC) to Build Large Battery-Based Energy Storage Project in Germany
MW Storage has selected Fluence Energy (NASDAQ: FLNC) to deliver one of the largest battery-based energy storage projects in continental Europe. The 100 MW/ 200 MWh storage system will be located near...
MW Storage and Fluence partner to deliver their largest joint project in Germany after successful collaboration in Finland and Switzerland
The project, one of the largest in continental Europe, will increase flexibility in the power system and support lower electricity prices for end-users. The energy storage system will have enough capa...
Fluence CEO says energy storage leader has record backlog that will push it to profitability this year
CEO Julian Nebreda said Fluence is preparing for "hypergrowth" as wind and solar play a growing role in the U.S. power grid.
Fluence Energy, Inc. Reports Record $1.1 Billion Quarterly Order Intake, Resulting in Highest Ever Backlog; Reaffirms Fiscal 2024 Guidance
ARLINGTON, Va., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (Nasdaq: FLNC) (“Fluence” or the “Company”), a leading global pure-play provider of energy storage products and services as well ...
Atmos Renewables Expands Contract with Fluence to Optimise 870 MW Renewables Portfolio in Australia
Utilising Fluence's Mosaic™ AI-powered bidding software and Nispera™ asset performance management software, Atmos Renewables will unlock near real-time visibility into asset optimisation potential Uti...